Biden Targets Another US Pipeline For Shutdown After 'Begging' Saudis For More Oil
November 10, 2021
Despite approval ratings in the toilet, President Biden and his administration are reportedly exploring the closure of yet another pipeline in a bid to shift the US away from fossil fuels and appease environmental activists.
The move - shutting down the Line 5 pipeline which links Superior, WI to Sarnia, Ontario, would cost tens of thousands of US jobs, billions of dollars in economic activity, and further exacerbate energy shortages and price increases hitting lower-income Americans the hardest, according to a Thursday letter from 13 House Republicans led by Rep. Bob Latta.
This comes less than two weeks after the White House begged OPEC to increase oil production amid 'supply issues' and soaring energy prices. It also comes after a weekend which started out with US Energy Secretary Jennifer Granholm scoffing at the notion of increasing domestic oil production and ended on Sunday with her warning that Americans should expect to pay higher costs to heat their homes this winter.
Story by BY TYLER DURDEN for ZeroHedge. Cover image of Enbridge Inc. oil pump station, which transports nearly two-thirds of Canada's crude oil exports to the US. (Shutterstock).
Comments